Jamna Auto Industries has reported results for first quarter ended June 30, 2012.
The company has registered a fall of 21.26% in its net profit after tax attribute to the Corporation and its subsidiaries at Rs 10.11 crore for the quarter under review as compared to Rs 12.84 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 1.66% at Rs 247.02 crore for Q1FY13 as compared Rs 242.98 crore for the corresponding quarter previous year.
Jamna Auto is the largest manufacturer of tapered leaf springs and parabolic springs for commercial vehicles in India and is the number one supplier to Tata Motors (TML) and Ashok Leyland (ALL), the two major commercial vehicle manufacturers in Indian market for over 54 years. The company is also the largest spring manufacturer in the world.
